Mediating Disputes Involving Financially Shaky Defendants
In one case I mediated, plaintiff lender had doubts that defendant, a well-known hedge fund manager was as financially distressed as defendant asserted. Defendant claimed that the result of disastrous portfolio losses that led to a departure of clients and staff reductions plus an extraordinarily burdensome divorce settlement, he was unable to pay even the amount he agreed was owed.
Original Article Source Credits: Mediate India , https://www.mediate.com/
Article Written By : Arthur Rosenbloom
Original Article Posted on : June 2020
Link to Original Article: https://www.mediate.com/articles/rosenbloom-shaky-defendants.cfm